Funding you earn now, next payment 01:00 UTC+0.0492%/8h= +53.8% APRpaid last 24h +0.053%
Price spread now: Bitget against Kraken Futures−0.100%7-day average +0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$1851.849% of the position
Funding, last 7 days+0.527%+$53 on $10k
+Price spread, last 3 days (all we have)+0.992%+$99 · spread now −0.100%, 7d avg +0.143%
=Funding pays, the price is against you. Bitget is 0.243% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of +0.143%). If the spread goes back, that is −$24 on $10k: about 40 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POPCATUSD | 0.05673 | −0.0392 | get 0.0049% / 1h | 4m 12s | $151K | $144K | 20x |
| Short | Bitget POPCATUSDT | 0.05667 | 0.0100 | get 0.0050% / 4h | 3h 04m | $1.2M | $941K | 50x |
Kraken Futures PF_POPCATUSD
Bitget POPCATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $103.26
- Price spread: −0.100% → +0.143%
- −$24.33
- Slippage, 4 orders
- −$162.92
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$105.99
- Costs to cover
- 1.849%
- Break-even
- 14.2 days
Slippage from Kraken Futures: live order book, 3 min ago; Bitget: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 3 min ago | 14.08 bp | 61.6 bp −$62 | 18633.5 bp −$186.3K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.94 bp | 31.3 bp −$31 | 119.2 bp −$1,192 | doesn't fit | doesn't fit |
POPCAT on 18 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective POPCAT/USDC PERP | −0.4945% | 1h | 0.05301 | −6.552% | $3K | $2K | 5.5x | as long as short |
| Kraken Futures PF_POPCATUSDlong | −0.0392% | 1h | 0.05673 | long leg | $151K | $144K | 20x | |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05676 | +0.051% | $1 | — | 10x | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05673 | +0.006% | $102K | $46K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05678 | +0.094% | $2.4M | $6.7M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05660 | −0.223% | $9.0M | $6.2M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05665 | −0.135% | $704K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05661 | −0.206% | $456K | $649K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05679 | +0.112% | $1.9M | $957K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05667 | −0.100% | $1.1M | $988K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDTshort | +0.0100% | 4h | 0.05667 | −0.100% | $1.2M | $941K | 50x | |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05664 | −0.153% | — | $6.8M | — | as long as short |
| Variational Omni POPCAT | +0.0100% | 4h | 0.05655 | −0.312% | $513K | $163K | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05680 | +0.129% | $23K | $653K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05671 | −0.034% | $97K | $523K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0152% | 4h | 0.05694 | +0.376% | $247K | $481K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05678 | +0.094% | $125K | $298K | 50x | as long as short |
| Hyperliquid POPCAT | +0.1537% | 1h | 0.05690 | +0.311% | $2.6M | $972K | 3x | as long as short |
BingX POPCAT-USDT
Variational Omni POPCAT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
BloFin POPCAT-USDT
Hyperliquid POPCAT